ব্রিটিশ পাউন্ড প্রযুক্তিগত বিশ্লেষণ: GBP/USD, GBP/JPY, EUR/GBP

প্লেটো দ্বারা প্রকাশিত

অনুসরণকারী: 0

British Pound Talking Points:

জিবিপি continues to trade on its back foot following a really strong outing in Q1.
ইউরো / জিবিপি put in a big bullish engulf formation last week, illustrating that GBP weakness.
The analysis contained in article relies on প্রাইস একশন এবং চার্ট গঠন. To learn more about price action or chart patterns, check out our ডেইলিএফএক্স শিক্ষা অধ্যায়.

ভি .আই. পি বিজ্ঞাপন

Last week was a rough start to Q2 for the British Pound. Sterling gave up value to all of the আমেরিকান ডলার, দ্য জাপানি ইয়েন এবং এমনকি ইউরো; and this comes after what most would classify as a ‘strong’ outing for the GBP in Q1 of this year.

To illustrate just how jarring this move was in terms of the prior trend, I’m looking at the EUR/GBP weekly chart below. Last week showed a bullish engulfing candlestick and a stark change-of-pace. The bullish engulf is often followed as a continuation pattern, so in this case – market participants may be looking for the Euro to continue to outpace the British currency. On the EUR/GBP chart below, I’ve identified a possible resistance area ahead, plotted around the 61.8% Fibonacci retracement of the 2020 major move.

সম্পর্কে আরও জানার জন্য বুলিশ আকস্মিক নিদর্শন, আমাদের সাথে যোগ দিন ডেইলিএফএক্স শিক্ষা

EUR/GBP Weekly Price Chart

দ্বারা চার্ট প্রস্তুত জেমস স্ট্যানলি; EURGBP ট্রেডিংভিউতে

GBP/USD Bounce from Fibo Support Following Channel Break

Through the first two and a half months of this year, GBP / ডলার was one of the more attractive আমেরিকান ডলার-setups, largely owed to the consistent trend channel that had set in since last October. Price action continued to scale-up with higher-highs and higher-lows through January and into February, eventually setting a fresh two-year-high. And in late-Feb/early-March, prices began pulling back, but in late-March sellers went on the prowl and finally pushed price action below that bullish trend channel.

জেমস স্ট্যানলি দ্বারা প্রস্তাবিত

আপনার নিখরচায় শীর্ষস্থানীয় সুযোগের পূর্বাভাস পান

আমার গাইড পান

Sellers remained in control until a confluent spot of support came into play in late-March, and that same zone came into the equation again last week when sellers re-engaged to elicit a re-test. This is a big spot as there’s the 76.4% retracement of the 2018-2020 major move along with the 38.2% retracement of the September-February move. This confluent zone was resistance-turned-support in January and it’s back again to help currently carve out the lows. Below this zone, the 3460-3500 area on the chart holds some attraction for the next possible support zone should sellers push for a breach of current support.

সম্পর্কে আরও জানার জন্য ফিবানচি, চেক আউট ডেইলিএফএক্স শিক্ষা

GBP/USD দৈনিক মূল্য চার্ট

দ্বারা চার্ট প্রস্তুত জেমস স্ট্যানলি; ফরেক্স ট্রেডিংভিউতে

GBP/JPY: Wedge Break Goes Ballistic

গত বছর দেখেছি জিবিপি / জেপিওয়াই build in a symmetrical triangle pattern. It was pretty much two different themes as a top was set in December of 2019 that saw the bottom fall out in Q1 of last year. The final three quarters were bulls clawing back those prior losses but, again, much of this took place within the confines of a symmetrical triangle pattern. Such formations will often lead in to breakouts, and that’s precisely what’s happened so far in 2021 trade.

সম্পর্কে আরও জানার জন্য the symmetrical triangle pattern, চেক আউট ডেইলিএফএক্স শিক্ষা

GBP/JPY Weekly Price Chart

দ্বারা চার্ট প্রস্তুত জেমস স্ট্যানলি; GBPJPY ট্রেডিংভিউতে

The big driver in Q1 of this year was the reflation trade, and this meant big losses for the Japanese Yen. That, combined with GBP strength that was evident in both GBP/USD and EUR/GBP looked at above, and GBP/JPY put in a big move in the first couple months of this year, well over 1,000 pips peak-to-trough.

More recently, however, that topside trend has started to shake, and price action has built-in a channel over the past couple of months with the 150 psychological level playing a key role in the channel’s creation, as the formation began to build as 150 began to show as resistance.

At this point, this puts a ton of emphasis on the 150 psychological level and if buyers can’t hold price action above, attention moves towards deeper supports below the channel around 148.69 and 147.04.